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20130706
20130714
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, cbo shows us $642 billion deficit, down to 4% gdp for this year, that is weighed down from 10.1% four years ago and if you will, that takes a little bit of the impetus for coming up with an embargo on tax reform, reduces that even if all the projections indicate that those large deficits come ring back. so i see this tax reform issue as being tougher. the other thing i will comment on and take your questions is the affordable care act. this is a very big deal for the services i indicated, a very challenging endeavor we saw last week with the administration delayed for a year mandate that employers provide certain categories of insurance or face penalties. clearly a recognition of the lack of readiness out there in the work force. you have seen a lot of interesting things happen there. i can tell you from indianapolis, i was eating the same day that announcement came out before i heard about it at a national chain and i don't cook. so i eat out. there are several restaurants that know me well and the manager was -- good restaurant, part of a pretty big chain, telling me it came down fr
rates to the market without a cap to protect students. this proposal would pay down the deficit on the backs of students, trading national debt for student debt. trading national debt for student debt. it is unacceptable, the letter goes on, to use student loans as a vehicle for deficit reduction, especially when the federal government is projected to make $51 billion on student loans just this year. so that will be the vote tomorrow. and, madam president, i ask consent that this letter, along with the list of the organizations supporting the one-year extension, appear at this point in the record. the presiding officer: without objection. mr. harkin: so that's -- that's really the vote tomorrow. are we going to keep 3.4% or are we going to allow it to double? that's the essence of the vote tomorrow. now, there is a lot of different ideas floating around about what to do, how to do this, but in just about every single case, every one of those bills, if you project out over the next couple of three years, will raise interest rates higher than 6.8%. so again, that's why extending i
million jobs and actually reduce the deficit by $24 billion. what a remarkable trifecta of accomplishments, supporting one of the world's most cutting edge agricultural economies, supporting significant employment and job creation and significantly cutting our deficit. what's not to love, madam president, in that farm bill? well, the house passed a series of amendments that eliminated our hard-fought bipartisan compromises and has effectively doomed the bill. similarly, the senate here passed a bipartisan water resources development act to modernize america's water infrastructure all over the country, including drinking water, waste water treatment, shipping channels. it got 83 votes here out of 100 in the senate. it's being slow walked in the house over ideological objections about the power of the government on environmental authority. after a historic committee markup, after the congressional budget office said it would reduce the deficit by $150 billion in the first decade and $700 billion in the second, this senate passed an overwhelmingly bipartisan immigration reform bill. i think o
at a time of sequestration and a time of deficits, how can we spend more on fossil fuels when we should be spending less? in addition, this bill needlessly increases the funding for weapons activities and defense programs. at a time where we're winding down our involvement in two wars that have been very costly in lives and dollars this last decade, and that's why i'm offering an amendment with representative quigley that would put the v-16 back to the agency's request level that would save taxpayer dollars and reduce the deficit. this bill actually increases funding by over $20 million for these ongoing missile programs. at an era where americans should expect the government to look at where these moneys are invested. there have been growing concern raised by the air force's own blue ribbon review panel about the effectiveness of the b-61 and that's why the price -- the price for this program has continued to rise dramatically and confidence in the missile program has dropped. in fact, some of our nato allies like germany have called for the b-61's to be removed from their boarders. ag
student loan interest rates at current levels for two years without adding a penny to the deficit. because of this obstruction, loan rates doubled on july 1, piling thousands of dollars more of debt, mor that more than 7 mn students owe. republicans are push planning to balance the budget right on the backs of struggling students. if the legislation passed by house republicans or the plan by senate republicans becomes law, student loan rates would more than double over the next few years as interest rates increased. the speaker, speaker boehner, has said that the house has acted and now the ball is in the senate's house. we talked about that yesterday, madam president. what is he talking about? they've acted and now we should act. i guess we could talk about what he this didn't do last year on the farm bill. i guess we could talk about what they didn't do last year on the post office. i guess we could talk about what they haven't done this year on the farm bill. we could talk about what they haven't done that is so devastating to small businesses around america; that is, having people who
Search Results 0 to 4 of about 5